Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.
Cable ducts, metal boxes of various sizes, about forty types of lamps and more than 50 other products-this is the range of products the Electrika Group company offers to the market with an affordable price-quality ratio, enabling consumers to carry out both large construction projects and individual tasks.
The net profit of Armenia's banking system for the first 6 months of 2025 exceeded AMD 200.7 billion, increasing by 20.51% compared to the beginning of the current year.
Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.
Cable ducts, metal boxes of various sizes, about forty types of lamps and more than 50 other products-this is the range of products the Electrika Group company offers to the market with an affordable price-quality ratio, enabling consumers to carry out both large construction projects and individual tasks.
The net profit of Armenia's banking system for the first 6 months of 2025 exceeded AMD 200.7 billion, increasing by 20.51% compared to the beginning of the current year.
Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Acba Leasing proudly stands as the leading force in Armenia's leasing market and is excited to announce its role as the Main Partner for Leasing Expo 2025. During this exhibition, Acba Leasing will showcase outstanding offers from the leasing market.
The Federation Council of the Russian Federation approved a law granting the board of directors of the Bank of Russia the right to determine on an annual basis the list of types of foreign currencies that can be contributed to pay for the authorized capital of credit organizations, insurance organizations and non-state pension funds (NPF), TASS reports.
A strong exchange rate has reduced banks' currency-induced credit risk, with loan dollarization levels falling to 34% by Aug. 31, 2023, from 45% at end-2021, , according to S&P’s Global Banks Outlook 2024 titled "Forewarned is forearmed
Some 36bln drams of personal income tax were refunded to 29,000 mortgage borrowers in Armenia in 2022, the State Revenue Committee said in a report on its performance in 2022
To assist business entities to reequip their equipment Acba Leasing offers purchase of necessary tools on leasing under a government assistance program at actual interest rates starting at 0.63%, the press-service of Acba Bank reported. It said the special offer is valid until December 31, 2022
By a vote of 65 the Armenian parliament on Thursday ratified a Eurasian Economic Union’s Agreement on the Procedure of Transferring Information Included in Credit Histories
Top managers of Acba Leasing and the EBRD Green Economy Financing Facility (GEFF) in Armenia organized a meeting for businessmen to tell them how to invest their money properly, how to take advantage of government subsidy programs to manage their own economy more wisely with fewer resources, but with greater results, the press service of Acba Leasing said
Armenia's first specialized leasing company - ACBA Leasing - was founded 18 years ago. Initially, its staff consisted only of employees of Acba Bank, later the staff expanded and grew, the company's press service said today
The Management Board of the Central Bank of Armenia (CBA) said today it has invalidated the license that was awarded to Nor Horizon universal credit organization
The AMD denominated coupon bonds issued by FINCA UCO CJSC and underwritten by ARARATBANK OJSC on February 14, 2022, will be listed on the Armenia Securities Exchange on March 9, 2002
Armenian credit organizations have written off 500 million drams worth loans of those who were killed during the last autumn war in the Nagorno-Karabakh conflict zone and their family members, chairman of the Central Bank Martin Galstyan told a parliament session today
Armenia's national postal operator Haypost said it is setting up a subsidiary credit organization Post Credit. Haypost said it has applied to the Central Bank of Armenia to get official registration and license for running Post Credit
